No Doubt Company includes 1 coupon in each box of soap powder that it packs, and 12 coupons are redeemable for a premium (a kitchen utensil In 2014, No Doubt Company purchased 10, 600 premiums at 82 cents each and sold 147, 400 boxes of soap powder at $5.80 per box 62, 400 coupons were presented for redemption in 2014. It is estimated that 60% of the coupons will eventually be presented for redemption. Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2014